2026.1.7 Market Analysis Big daddy ($BTC) resistance is around 94,500. It’s likely to test this level multiple times for a breakout. Support is near 90,200. In the short term, if it pulls back to support, you can go long. The ultimate high point of this month’s rebound hasn’t appeared yet, so don’t blindly short. Waiting until it’s above 98,000 to short isn’t too late. The overall trend is still downward. For spot positions, if $BTC rebounds to around 98,000, make sure to close out. On the 4-hour chart, the candlesticks are far from the moving average, so it needs a pullback or some time to consolidate. This is a typical bear market pattern—rebounds are sluggish, but drops are smooth. $ETH is performing slightly stronger than $BTC. A few days ago, I told everyone to short at 3,280–3,300, and we’re in profit now. Don’t overthink it—take your profits and run! Altcoins have seen a small rebound over the past few days, but I don’t recommend chasing them. An altcoin season is highly unlikely, so don’t get your hopes up. Waiting for high-level shorts is the way to go!